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Below is an in-depth analysis and side-by-side comparison of Bernard's Salon & Day Spa vs Hand and Stone Spa including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $520,000 - $638,500 | $567,626 - $674,476 |
Franchise Fee | $35,000 | $32,500 - $42,500 |
Royalty Fee | 3% | 5%-6% |
Advertising Fee | - | 5% |
Year Founded | 1992 | 2004 |
Year Franchised | 2001 | 2004 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | On-The-Job Training: 85 hours Classroom Training: 54 hours Additional Training: At existing location |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 12 - 15 |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | Yes |
International Expansion | No | - |
We're award-winners...Chosen Salon of the Year in 1996 by Salon Today...featured in Harper's Bazaar...professionals committed to be the best, to always make you look and feel your best. We're a full-service salon...The place to relax and be pampered...featuring the latest in cuts and colors, perms, skin and body spa services...manicures and pedicures... massage...make-up...MediSpa services. We're open every day...Enter a new world of beauty with such convenience...any day, even Sunday. The Salon & Spa is now open until midnight on Tuesday, Wednesday and Thursday. You'll love the high-fashion atmosphere of our award-winning decor -- so call now for an enjoyable appointment